Author Topic: Selling Property (Read 1566 times)

honeycombe · « **on:** February 21, 2011, 18:35:58 PM »

Can anyone remember when the time limit you can sell property went up from 4 to 5 years please

Scunner · « **Reply #1 on:** February 21, 2011, 18:53:59 PM »

You can sell your property at any time, there is no limit

I assume you mean in regard to capital gains tax exemption, as far as I recall it changed from 4 years to 5 years for properties purchased after 1st January 2007. That is 5 years from the day your tapu was transferred into your name, NOT 5 years from the day you signed a contract to buy the property.

honeycombe · « **Reply #2 on:** February 21, 2011, 18:57:36 PM »

Thank you Keith

Stressed Eric · « **Reply #3 on:** February 21, 2011, 19:32:06 PM »

Have a look at section 7.2 on this website... http://www.turkisheconomy.org.uk/buyingproperty/property_taxes.htm

Author Topic: Selling Property (Read 1566 times)

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